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EU Pig Prices: Quotations Going up Considerably

05 April 2017
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EU - The European slaughter pig market continues to be characterised by a friendly mood. Demand is exceeding the quantities on offer, and the quotations by the majority are continuing the clear price increase which was heralded before.

The countries make their benefit from continuously good demand for exports at comparably low quantities stored of frozen pork. At the same time, the pleasant temperatures make the barbecue season begin early everywhere, not only in the South.

The quotations went up by 4 to 7 cents altogether. After Germany, the Netherlands, and Denmark were almost on a par last week in the European price structure, their respective positioning is now separating again from each other, finding themselves at different price levels.

Germany with its clear plus of 7 cents has now climbed to a price level of a corrected €1.63 per kg slaughter weight. Consequently, it ranks third now in the European price structure of the five EU member countries most significant in pig keeping. The Netherlands are now ranking fourth, and Denmark is bearing the red light.

Trend for the German market:

The market participants altogether remain optimistic about the slaughter pig market at the beginning of the last complete week of slaughter before the Easter holidays. Compared with demand, the quantities of pigs for slaughter on offer remain scarce.

(Source: ISN - Interessengemeinschaft der Schweinehalter Deutschlands)

1) corrected quotation: The official Quotations of the different countries are corrected, so that each quotation has the same base (conditions).
2) These quotations are based on the correction formulas applied since 01.08.2010.
base: 57 per cent lean-meat-percentage; farm-gate-price; 79 per cent killing-out-percentage, without value-added-tax

ThePigSite News Desk

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